Italian Authorities Clamp Down on Mafia-Linked iGaming Operation with €400M Seizure

Italian Police Unearth Mafia’s Multinational iGaming Scheme with €400M Seizure

In a significant blow to organized crime in the online gambling sector, Italian law enforcement agencies have seized a staggering €400 million in assets linked to a mafia-associated iGaming company based in Malta. This move is part of “Operation Galaxy,” an extensive campaign targeting the infiltration of the notorious ‘Ndrangheta mafia into the betting and gaming industry.

Exposing the Mafia’s International iGaming Operation

Italian police detailed a sophisticated criminal network extending beyond Malta’s borders, with operations in Romania, Austria, and Spain. The investigation revealed a complex system for collecting illicit online bets through a Malta-registered company, while the core operation was orchestrated from Reggio Calabria, a stronghold of the ‘Ndrangheta mafia.

This extensive scheme facilitated the laundering of criminal proceeds through a network of shell companies. The criminal hierarchy was structured pyramidally, with top-tier members maintaining direct ties to the ‘Ndrangheta, which profited from protection rackets.

Dismantling the Criminal Empire: Forensic Investigation and Asset Seizure

The police’s forensic investigation unearthed the identity of the key crime figure behind the operation. The assets discovered, both directly and indirectly controlled by the individual, were vastly disproportionate to their declared income, prompting the Court of Reggio Calabria to order their seizure.

The comprehensive seizure included assets linked to three iGaming companies, two Maltese trusts and their financial portfolios, and other associated financial assets. This decisive action showcases the heightened vigilance and coordinated efforts of Italian financial police and the Public Prosecutor’s Office in combating organized crime.

Ongoing Battle Against Mafia Influence in Malta’s iGaming Industry

Operation Galaxy, launched in May of the previous year, has already seen significant success, with €3 million confiscated following initial investigations. The recent seizures come amidst Malta’s latest Anti-Money Laundering (AML) risk report, which highlighted the potential threat of organized crime entities gaining control over registered iGaming companies.

While the full extent of mob infiltration into Malta’s iGaming sector remains uncertain, recent years have seen the Italian police uncover multiple businesses linked to various mafia organizations. This latest operation sends a strong message about the serious commitment to rooting out organized crime from the online gambling industry.